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Economists in sentence

2720 examples of Economists in a sentence

The hot-money problem is only made worse by the ongoing international pressure for further renminbi revaluation, usually from Western economists and politicians who blame the exchange rate for China’s current-account surplus with the US and other developed economies.
Two economists, Rudiger Fahlenbrach and Rene Stulz, tested these implications by studying the CEOs of almost 100 large financial institutions from 2006 to 2008.
Some economists point to highly expansionary monetary policy in the years leading up to the crisis.
At that time, the consensus among economists and policymakers was that these estimates were exaggerated, because it was believed that sub-prime mortgage losses totaled only about $200 billion.
It is an argument much in the tradition of the great economists of the nineteenth and early twentieth centuries.
Economists are not really surprised at this.
There is little doubt among economists that euro membership will bring enduring net benefits to Poland.
It does not, and this is what economists call the “lump of labor fallacy” – the idea that handing out pensions frees up employment for younger people, as if there were a fixed number of jobs to go around.
Yet this has arguably been accompanied by improved quality in the game itself, owing to what economists call “increasing returns to scale.”
Economists call that precautionary saving.
Recently, the Copenhagen Consensus project gathered eight of the world’s top economists – including five Nobel laureates – to examine research on the best ways to tackle 10 global challenges: air pollution, conflict, disease, global warming, hunger and malnutrition, lack of education, gender inequity, lack of water and sanitation, terrorism, and trade barriers.
Some economists – admittedly a diminishing number – deny that there can ever be an output gap.
If the multiplier is zero, as conservative-minded economists believe, there will be no effect on output, only on prices.
Most economists believe that increasing revenues by reforming the tax code and broadening the tax base is “probably” better for the economy’s long-term growth than raising income-tax rates.
Reforms that made the tax system simpler, fairer, and less distortionary would have a beneficial effect on economic growth, although economists concede that the size of this effect is uncertain and impossible to quantify.
Indeed, the appointment of Vice Chair Janet L. Yellen to succeed Ben Bernanke highlights an important point: What used to be a technical appointment, of interest only to nerdy economists, has now become a major cause of political tension, not only dividing Republicans and Democrats (it does not take much to do that), but even splitting the Democratic Party.
These redistributive effects are forcing economists to rethink optimal central-bank governance, which has rested on a powerful dogma that emerged in the late 1970’s and early 1980’s, in response to high inflation: central bankers need to be independent of the political system.
Growth spread far beyond a few Asian countries, and, for the first time since the 1950’s, the vast majority of poor countries experienced what economists call convergence – a narrowing of the income gap with rich countries.
Using a different approach, economists at the International Monetary Fund also find a positive relationship between lower income inequality and faster growth, concluding that policies that redistribute income can foster faster, more sustainable growth.
So it is a shame that development economists and the world’s multilateral institutions are failing to apply it systematically in the developing world.
The EU argues that tariffs on steel imports mainly hurt the US itself, and most economists would agree.
Economists are fond of observing that the argument for counter-measures against protectionism abroad is like saying: “If you shoot yourself in the foot, I will do the same.”
That wisdom, supported by the “game theoretic” models beloved by economists, suggests that retaliation is indeed the best strategy.
Economists around the world have condemned that target as punitive, because aiming for it will inevitably result in a deeper downturn.
Until the crisis of 2010, when fiscal problems in Greece and elsewhere created anxiety in financial markets, some economists had speculated that the euro might soon replace the dollar as the world’s primary reserve currency.
With China’s leaders having offered no indication that they will change current monetary policy, some economists have estimated that Li will not act until GDP growth falls below 7%.
Likewise, if it was true that higher deficits carried no risks, but brought increased benefits, then the Financial Times would have been full of articles by investment-bank economists saying just that.
Nowadays, some economists seem to believe that pointing out a single factual error (out of more than 20 statements of fact) invalidates an entire argument.
PhD economists, like those who dominate the Fed’s staff and leadership, tend to favor their own kind and doubt others’ qualifications for top monetary-policy jobs.
Warsh started making such hawkish – and clearly incorrect – warnings in 2010, when unemployment was 9.5% and runaway inflation was the last thing most economists were worried about.
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